Lake Shore, UT
Population 1,242 · Utah
About Lake Shore, UT
Lake Shore is a small town located in Utah with a population of 1,242 residents according to the latest US Census Bureau American Community Survey data. The median household income is $97,357 per year, which is 30% above the national median of $75,149. The median age of 18.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Lake Shore features a median home value of $671,400, which is 174% above the national median of $244,900. This places Lake Shore in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,119, 4% below the national average of $1,163/month. Of the 287 total housing units, 71% are owner-occupied (205 units) and 29% are renter-occupied (82 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Shore shows an unemployment rate of 14.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Shore have an average one-way commute time of 24.4 minutes.
Education & Demographics
52.0% of Lake Shore residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.0% of the population being foreign-born.
How Lake Shore Ranks in Utah
Cost of Living in Lake Shore, UT
Compared to national averages, Lake Shore has a median household income of $97,357 (30% above the national median of $75,149). Home values average $671,400, which is 174% above the national median. Monthly rent at $1,119 is 4% below the US average of $1,163. Within Utah, Lake Shore's income is 10% above the state average of $88,715, and home values are 57% above the state median of $426,386.
Why Live in Lake Shore, UT?
Lake Shore offers a strong local economy with a median household income of $97,357, well above the national average, and rent that’s lower than the national average at $1,119/month, and a well-educated community where 52.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 24.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $671,400. However, Lake Shore’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Shore has a population of 1,242 with a median age of 18.8 years. Compare Lake Shore with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Lake Shore
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Moroni | 1,238 | $71,500 | $254,300 | Compare |
| Riverside | 1,238 | $71,952 | $380,600 | Compare |
| Wendover | 1,264 | $45,938 | $166,700 | Compare |
| Orangeville | 1,281 | $89,643 | $204,300 | Compare |
| Hildale | 1,301 | $62,727 | $385,900 | Compare |
| Centerfield | 1,312 | $83,281 | $296,700 | Compare |
| Liberty | 1,333 | $96,250 | $688,600 | Compare |
| Ferron | 1,361 | $68,324 | $213,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake Shore With Other Cities
Frequently Asked Questions about Lake Shore
What is the population of Lake Shore, UT?
The population of Lake Shore, UT is 1,242 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Utah.
What is the median household income in Lake Shore?
The median household income in Lake Shore, UT is $97,357 per year, which is 30% above the national median of $75,149.
What is the median home value in Lake Shore?
The median home value in Lake Shore, UT is $671,400, which is 174% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Shore?
The median monthly rent in Lake Shore, UT is $1,119, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Lake Shore?
The unemployment rate in Lake Shore, UT is 14.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Shore, UT a good place to live?
Lake Shore offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,242 and a median age of 18.8, the city appeals to young professionals and families.
How educated is Lake Shore, UT?
52.0% of residents in Lake Shore aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lake Shore?
Key cost-of-living indicators for Lake Shore, UT: median home value is $671,400 (174% above national), median rent is $1,119/month, and median household income is $97,357. The home-value-to-income ratio is 6.9x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Lake Shore?
The poverty rate in Lake Shore, UT is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Shore, UT?
Lake Shore's population is 0.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.1% two or more races. 1.0% of residents are foreign-born.